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Directors' approval



The annual financial statements and group annual financial statements for the year ended 31 December 2004 were approved by the board of directors on 10 March 2005 and are signed on its behalf by:

Directors

RP Edey, Chairman

RM Godsell, Chief Executive Officer

JG Best, Executive Director: Finance

CB Brayshaw, Chairman: Audit and Corporate Governance Committee

Managing secretary

Ms YZ Simelane



Annual Report 2004